-
anhtong replied to the topic Public vs. Private Companies in the forum Business 101 7 years, 6 months ago
A major merit difference I have noted in public and private Limited Liability companies is the prestige that comes along with bearing a “PLC” at the end of their name Whether deserved or not, having ‘plc’ at the end of a company name can add standing and prestige. There is a sense of status about a public limited company that its private company counterpart just doesn’t quite have, which can affect how the business is viewed. While often more imagined than real, this perception of being more established, larger or more powerful can affect the behaviour of customers, suppliers and employees.
Although they pay for all these perks thorough investor pressure, and having to plan short term all the time just to make enough profit